Nov 4, 7:33 AM ET
Scotts Miracle-Gro reported results for the fourth quarter and fiscal year ended September 30, 2026, and gave fiscal 2027 guidance. Full-year net sales rose 1% and adjusted EPS from continuing operations rose 18%, but fourth-quarter net sales fell 11% and the operating loss widened, so results point in mixed directions for shareholders.
- Fiscal 2026 net sales were $3.29 billion, up 1%; fourth-quarter net sales were $302.9 million, down 11% from $340.1 million.
- Fiscal 2026 adjusted diluted EPS from continuing operations was $4.48, up 18%; GAAP diluted EPS from continuing operations was $3.30, up 6%.
- Fourth-quarter loss from operations was $143.0 million, compared with $123.8 million a year earlier.
- Fiscal 2027 guidance calls for adjusted EPS of $4.70 to $4.90 and free cash flow of approximately $275 million.
Read the filing on SEC.gov ↗
Oct 16, 4:06 PM ET
Christopher J. Hagedorn, the company's Executive Vice President & Chief Strategy Officer, is leaving on September 30, 2026, under a Separation Agreement signed October 13, 2026. The agreement provides 24 months of salary, a bonus amount equal to 2.0 times his target bonus, and other benefits, and forfeits his unvested equity awards.
- Departure date: September 30, 2026; separation agreement signed October 13, 2026
- Severance includes 24 months of salary and a bonus amount equal to 2.0 times his target bonus, paid in two installments
- Unvested stock options and performance units granted in 2024, 2025 and 2026 are forfeited; 57,033 options granted November 16, 2023 vested in full
- Incentive payout for fiscal 2026 is scheduled for November 2026 and will depend on actual performance results
Read the filing on SEC.gov ↗
Sep 11, 4:03 PM ET
Scotts Miracle-Gro said director Adam Hanft notified the company on September 8, 2026, that he is retiring from its board effective immediately. His Class III term was set to run until the 2028 annual meeting. The filing says the company's consulting relationship with Hanft Ideas LLC, where Hanft is principal and chief executive, will continue.
- Adam Hanft retired from the board effective immediately; notice given September 8, 2026
- His Class III term was set to expire at the 2028 Annual Meeting of Shareholders
- Consulting relationship with Hanft Ideas LLC continues after his resignation
- Filing dated September 11, 2026, signed by Dimiter Todorov, Chief Legal Officer and Corporate Secretary
Read the filing on SEC.gov ↗
Sep 3, 4:06 PM ET
Scotts Miracle-Gro said Executive Vice President and Chief Strategy Officer Christopher J. Hagedorn will leave the role, with the departure effective September 30, 2026, under an agreement reached August 29, 2026. The filing does not give a reason for the departure or name a successor.
- Christopher J. Hagedorn is departing as Executive Vice President and Chief Strategy Officer.
- Agreement reached August 29, 2026; departure effective September 30, 2026.
- The filing does not name a replacement or describe any compensation terms.
Read the filing on SEC.gov ↗
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